Major Rating Factors:
Fair reserve development (4.1 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair overall results on stability tests (3.4) including excessive premium growth. Weak profitability index (2.5) with small operating losses during 2022. Return on equity has been low, averaging 1.5% over the past five years.
Other Rating Factors:
Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
Principal Lines of Business:
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Licensed in:
IL, IN, NE, WI
Principal Investments:
Investment grade bonds (99.1%), cash (0.9%)
Corporate Info
Group Affiliation
Liberty Mutual Holding Co Inc
Investment Rating
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Company Address
518 East Broad Street
Columbus, OH 43215
Columbus, OH 43215
Phone Number
(833) 724-3577
NAIC Number
31755
Website
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Largest Affiliates